Gold: Yellow metal reverses its gains in the Asian session

Posted on March 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.63% against the USD and closed at 1262.00, after downbeat US economic data fuelled worries about the nation’s economic outlook and boosted demand for the safe-haven yellow metal. In … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on March 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.54% against the USD and closed at 34.73, as investors shrugged off data indicating record high US crude stockpiles and turned their attention to OPEC’s plan to … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.04% against the USD and closed at 14.99, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.93, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 3, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.78% against the USD and closed at 1241.70, amid a broad weakness in the greenback coupled with a better-than-expected US non-farm private employment data. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on March 2, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at 33.87, after the Russian Energy Minister, Alexander Novak, stated that oil firms in the country support a pledge to freeze … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on March 2, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.64% against the USD and closed at 14.84, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.83, with the silver trading … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on March 2, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.66% against the USD and closed at 1232.10, after upbeat US economic data helped fuel a rally in global equity markets and dented the demand for the safe-haven yellow … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.08% against the USD and closed at 33.85, buoyed by Saudi Arabia’s pledge to limit market volatility by freezing output at January levels. In the Asian session, … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at 14.93, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.92, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on March 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.43% against the USD and closed at 1240.30, as concerns about global growth momentum spurred demand for the safe-haven yellow metal. In the Asian session, at GMT0400, the pair … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on February 29, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at 33.05, extending its previous session gains, after Baker Hughes report showed that the US oil rig count fell by 13 … Continue reading →

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